XML 97 R82.htm IDEA: XBRL DOCUMENT v3.10.0.1
Business Purpose Residential Loans (Details)
12 Months Ended
Dec. 31, 2018
USD ($)
loan
Dec. 31, 2017
USD ($)
loan
Dec. 31, 2016
USD ($)
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Number of Loans | loan 1,486 2,013  
Total Principal $ 1,034,434,000 $ 1,409,179,000  
Purchases of held-for-sale loans 7,162,131,000 5,705,842,000 $ 4,953,619,000
Proceeds from sales of held-for-sale loans 5,383,313,000 3,903,147,000 $ 4,192,671,000
Business purpose residential loans      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Residential loans 141,258,000 0  
Single-family rental loans, held-for-sale at fair value      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Residential loans $ 28,460,000 0  
Number of Loans | loan 11    
Total Principal $ 27,566,000    
Number of loans past due | loan 0    
Number of loans in foreclosure | loan 0    
Purchases of held-for-sale loans $ 28,000,000    
Proceeds from sales of held-for-sale loans 0    
Gain (loss) on investments 300,000    
Collateral amounts $ 28,000,000    
Loans maturity, one 5 years    
Loans maturity, two 7 years    
Loans maturity, three 10 years    
Weighted average coupon rate 5.90%    
Contract maturities 7 years    
Weighted average original loan-to-value (LTV) 64.00%    
Weighted-average debt service coverage ratio 1.29    
Residential bridge loans held-for-investment      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Residential loans $ 112,798,000 $ 0  
Number of Loans | loan 157    
Total Principal $ 112,360,000    
Number of loans past due | loan 7    
Number of loans in foreclosure | loan 0    
Purchases of held-for-sale loans $ 140,000,000    
Proceeds from sales of held-for-sale loans 0    
Gain (loss) on investments (100,000)    
Collateral amounts $ 98,000,000    
Weighted average coupon rate 9.16%    
Weighted average original loan-to-value (LTV) 76.00%    
Unpaid principal balance on delinquent or foreclosure loans $ 12,000,000    
Weighted average original Fair Isaac Corporation (FICO) score 698    
Estimated rehabilitated loan-to-value ratio 59.00%    
Residential bridge loans held-for-investment | Minimum      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Contract maturities 6 months    
Residential bridge loans held-for-investment | Maximum      
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]      
Contract maturities 24 months